R&D Project Controller- Controlling & Planning CoE Specialist

Sperton

  • Navi Mumbai, Maharashtra
  • Permanent
  • Full-time
  • 1 month ago
Role: R&D Project ControllerReporting to: CFOPreferred Qualifications:
  • (Postgraduate with experience) ,MBA (Finance), CA, ICWA.
  • Familiarity with project management and financial software.
  • 8-10 Years of Experience in a R&D controlling or Project controlling within the construction, manufacturing or engineering industry (Mainly in Projects)
Location: Bangalore (Hybrid)Role Overview: The R&D Controller is responsible for overseeing the financial and commercial performance of R&D projects. This role involves managing budgets, forecasts, reporting, and financial reporting to ensure alignment with strategic objectives.Key Responsibilities
  • Strategy and Planning:
  • Contribute to the development of R&D strategies and follow up on KPIs related to quality, delivery, and cost.
  • Ensure systematic analysis of project progress and completion.
  • Financial Management:
  • Responsible for the R&D budget and financial performance.
  • Create, analyze, and value the budget framework.
  • Optimize project cash flow and manage currency risk, tax issues, and project financing requirements.
  • Capitalization of project
  • License fee calculation
  • Hourly rate calculation
  • Creation of Project & Closure of projects
  • Ownership of Complete financials for MACH.
  • Project Execution:
  • Prepare the Business Financial Execution Plan consistent with internal, contractual, and regulatory objectives.
  • Promote commercial awareness within the R&D team and provide commercial input to project execution plans.
  • Monitor claims and back-charges, coordinate regular project reviews, and identify risks with mitigation actions.
  • Collaboration: Working closely with various stakeholders, including product management, engineering, and operations teams. follow up for time writing and approval.
  • Leadership and Communication:
  • Support the R&D management team in budget-related issues and communicate budget directives.
  • Supervise project accountants, cost engineers, and field administrators as needed.
  • Compliance and Governance:
  • Implement internal control processes to avoid misstatement in financial statements.
  • Ensure corporate governance, compliance, assurance, and internal control.
Contacts:
  • External: Customers, external auditors etc.
  • Internal: Project managers, Engineers, project team, Peers, Accounting and Reporting, Finance and Tax, Legal and Compliance, Risk Management, Internal Audit, Marketing & Sales.
Required Qualifications:
  • Proven experience as an R&D project controller
  • Proficiency in SAP S/4HANA, FICO, SD-PS, MS Office, Very strong excel skills.
  • Automation and process improvement mindset
  • Strong numerical and analytical skills.
  • Excellent attention to detail and organizational skills.
  • Service mindset
  • Good communication and negotiation skills.
  • Detail-oriented team player with the ability to adhere to strict deadlines.
Skills:
  • Project Management Expertise: Strong project management skills and experience.
  • Financial Acumen: Understanding of financial concepts and budget management.
  • Communication Skills: Ability to communicate effectively with stakeholders and teams.
  • Analytical Skills: Ability to analyze project data and identify potential issues.
  • Technical Understanding: Familiarity with the technical aspects of the projects being managed.

Sperton